Exhibit 63
Use the Information Below for the Following Problem(S)

question 93

Multiple Choice

Exhibit 6.3
Use the Information Below for the Following Problem(S)
$$\begin{array} { l l c c c } \text { Stack } & \mathrm { R } _ { \mathrm { it } } & \mathrm { R } _ { \text {mt } } & \mathrm { a } _ { \mathbf { i } } & \text { Beta } \\\hline \text { Elliat } & 9.9 & 15.0 & 0 & 0.8 \\\text { Hemlick } & 9.1 & 0.0 & 0 & 1 .1\end{array}$$
R?t = return for stock i during period t
Rmt = return for the aggregate market during period t
-Refer to Exhibit 6.3.What is the abnormal rate of return for Elliot when you consider its systematic risk measure (beta) ?

• A) -2.10%
• B) -2.00%
• C) 5.20%
• D) 14.10%
• E) None of the above

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Definitions:

Religious Beliefs

The faith-based concepts and principles that form the foundation of a religion, encompassing doctrines, rituals, and moral codes.

Learned Phenomenon

A process or behavior that is not innate but acquired through experience or education.

Freud

Sigmund Freud was an Austrian neurologist who founded the discipline of psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Market Model Of Religion

A theory suggesting that religion can be analyzed and understood as if it were a marketplace, with religions acting like competing firms offering products (beliefs, practices) to consumers (believers).